N.C. Gen. Stat. § 58-10-400
Insurance manager and intermediaries
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
No person shall act in or from this State as a managing general agent, producer, or reinsurance intermediary for captive insurance company business without the authorization of the Commissioner.
No person shall act in or from this State as a managing general agent, producer, or reinsurance intermediary for captive insurance company business without the authorization of the Commissioner.
History
(2013-116, s. 1; 2014-65, s. 7; 2016-78, s. 4.1(j).)
Effect of Amendments. - Session Laws 2014-65, s. 7, effective July 1, 2014, deleted the former last sentence, which read: "Application for such authorization must be on a form prescribed by the Commissioner."
Session Laws 2016-78, s. 4.1(j), effective June 30, 2016, substituted "captive insurance company business" for "captive business."
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.